Nobel Prizewinning economist Bill Vickrey suggested that automobile insurance should be paid as a tax on gas,
Question:
Nobel Prize–winning economist Bill Vickrey suggested that automobile insurance should be paid as a tax on gas, rather than as a fixed fee per year per car. How would that change likely affect the number of automobiles that individuals own?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: